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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Coinbase hit with $350 million patent infringement suit
27 Sep 2022 17:00 Coinbase's credibility is once again put into question as it faces a $350-million lawsuit from a global blockchain-based software for allegedly infringing the latter's intellectual property. [...]
Frobots founder Jerry Chan talks battle robots and NFT utility on CoinGeek Backstage The Frobots founder believes that for NFTs to have utility, they have to go beyond representing property and have some digital agency and life to them. [...]
Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice South Korea says that Interpol has acted on its request to add the Terra founder to its Red Notice list as the walls continue to close in on the fugitive. [...]
Blockchain Innovation Program launches to promote Bitcoin development The course, developed by the Bitcoin Association for BSV, dives into hash functions, Merkle trees, digital signatures, and more over a 10-week period. [...]
Posh Markets Inc․ to Launch the Presale of PoshCoin, the Newest Cannabis Crypto Coin
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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